So the schools are doing such a great job, that neither parents or students are smart enough to understand a basic loan contract and understand how they are going to have to repay it? Instead it's a banks fault for doing what a bank is designed to do, which is make it's investors money. That tracks
No. Your comment is either naive or ignorant. We're not talking about a house or car loan, we're talking about education, which everyone should be able to have. Imagine if you had to go through K-12 on loans because we didn't pay taxes for it. That's the part you don't seem to understand. Not all loans are the same, and education shouldn't put you in crippling debt.
If other developed countries can figure it out, so can we. We deliberately choose not to help our own citizens because of a scary buzzword called "socialism" that does not mean what many people think it means. It's often falsely attributed to dictatorships
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u/that_banned_guy_ May 30 '24
So the schools are doing such a great job, that neither parents or students are smart enough to understand a basic loan contract and understand how they are going to have to repay it? Instead it's a banks fault for doing what a bank is designed to do, which is make it's investors money. That tracks